We have been assisting UK migrants transfer their UK pensions to New Zealand for over 7 years making us one of NZ’s most established and trusted providers.
“Long story short, we came across The Financial Migration Group (FMG) at the Tauranga Home Show in May 2016, and by September, my UK pension was safely and securely transfered and invested here in New Zealand.
I can not speak highly enough of the efficiency, diligence and personal attention given to me by Mike and his team at FMG. My UK pension provider (Phoenix Life), had bamboozled early attempts for a transfer, but with the FMG behind me, (resources and know how both here and in the UK) – they cut through all the red tape and made it happen quickly and hassle free. For me this was a huge relief as past attempts had been frustrating, time consuming and emotionally draining.
Mike spent a good amount of personal time ensuring there was a complete understanding off the transfer process and explained what needed to be considered. Ultimately this resulted in a transfer and investment plan that met all my needs with costs that were fair and equitable. Documentation was comprehensive and sign-off was required at each of step, so there was always that feeling of being in control.
For anyone considering a transfer of a UK pension to NZ, I strongly recommend having a chat with Mike and the good folks at FMG – you’ll be glad you did, I was.”
“Andrew is aged 45 and emigrated from the UK to New Zealand three years ago, leaving behind four Personal Pension Plans in the UK. Although these have performed well, his objectives were to consolidate his pensions into one New Zealand Superannuation Scheme and avoid future exchange rate risks. Andrew had very little input into the choice of funds in the UK and had not sought financial advice for over ten years.
To avoid NZ tax, we recommended he transfer all four pensions to a QROPS, and under our guidance, he has reinvested his funds into a portfolio suited to meet his new investment objectives. He now has one compliant Superannuation Scheme invested New Zealand Dollars which will provide a tax efficient income at age 60 when he plans to retire. Andrew didn’t have a New Zealand will, and we strongly recommended he sought professional estate planning advice so his wishes are met in the event of his death.”
We have been assisting UK migrants transfer their UK pensions to New Zealand for over 7 years. Our experienced team have a background in UK financial services and understand the challenges of moving to the other side of the world. We offer a full range of financial services including taxation and insurance advice. Our clients mean a lot to us, we pride ourselves on providing the best service and building lasting relationships.